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Oriole Company purchased a depreciable asset for $ 90000 on January 1. The estimated salvage value is $18000, and the estimated useful life is 8

Oriole Company purchased a depreciable asset for $ 90000 on January 1. The estimated salvage value is $18000, and the estimated useful life is 8 years. The double-declining balance method will be used for depreciation. What is the depreciation expense for the second year on this asset

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